by Roth IRA Answer Gal on March 6, 2010
For those investment savy people.
I am doing 5% per paycheck to invest in my 401k starting April.
This is my breakdown. Keep in mind, I am 24, so I am trying to be very agressive.
Templeton Growth(A) 10%
William Blair Intl Growth (N) 5%
Munder Large-Cap Value (Y) 15%
Comerica 500 Stock Index 25%
William Blair Growth(N) 15%
Franklin Rising Dividends(A) 10%
Munder S&P Mid-Cap Index Equity (Y) 5%
Munder Mid-Cap Core Growth (Y) 5%
Neuberger Berman Genesis Trust 5%
Heritage Small Cap Stock(A) 5%
This is 100% stocks. Would you change any percentages around? if so, why?
Also what happens if my company goes under? Do I lose everything? or can i rollover it to a roth ira?
by Roth IRA Answer Gal on March 5, 2010
You wrote
Open a Roth IRA.(where and how?)
Put your money into VFINX (S&P 500 Index Fund)(how much?)
Sign up for automatic checking account small withdrawals(how)
Once you have done the above, then you will have plenty of opportunity to figure out what to do next. YOU DO NOT need further research at this time.(explain)
DO IT NOW! The key is to start saving NOW!
P.S. NO one will disagree with this recommendation
by Roth IRA Answer Gal on March 4, 2010
In 2009 I rolled over two retirement. accounts. One was a 401k to an IRA and the other was a roth IRA to new a roth IRA. What tax forms do I need from each of my accounts to file my taxes?
by Roth IRA Answer Gal on March 2, 2010
After doing a lot of research, I want to rollover my 401k to a Roth IRA account. But a couple of years I took some bad advice and borrowed from my 401k. I owe like 0. Should I pay that off before I rollover to IRA, or after?
by Roth IRA Answer Gal on March 2, 2010
either sharebuilder, roth ira or a good bank that gives high interest. by the way if you know any good savings accounts that offer high interest that i can put money in over the net please let me know. Im thinking three years to make some decent cash and then withdrawal and start over. security of my money is a major concern.
like i said its for a short term goal. three years max